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Remodeling vs Moving

If you can't decide whether to remodel or move, your answer might be - both, in that order! Remodeling can give you the added or different space you need now, but you should also carefully consider the resale value of any project you undertake. Some remodels allow for a bigger payoff than your original investment, while others might be needed just to keep the resale price on par with the neighborhood. Whatever remodeling project you take on, may it have a happy and high-value ending!

The Moore Team

International Luxury Society

Fine Homes Specialist

Keller Williams Integrity First Realty

Office: 480-545-1043

Fax: 480-718-7400

http://www.tonymoore.com/

Posted by The Moore Team on 06/04/2007 12:47 PM

Comments (2)

remodeling, moving, buy, sell, value, home, real estate, the moore team, keller williams

2 Comments on Remodeling vs Moving

JUN

2007

I contribute most years to the Remodeller's Magazine cost vs value report on various remodeling projects and most don't pay off in the short run. Also, it's important to be very careful in how much you spend on these projects. I once went on a listing call where the home was only worth something like $90,000. The lady had just spent $20,000 putting new windows in throughout the home. One, she paid too much for the windows and two, the windows were an over improvement to her home.

Bob Mitchell

ValueList Real Estate Services, Inc.

One should just be cautious not to over improve/build their property for the area or they will likely not be able to get their money back out of it. I have seen this happen many times.

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The Moore Team

Gilbert, AZ

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Keller Williams Integrity First Realty

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